Budget Deficit
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781Fiscal deficit drops to 0.8 percent of GDP in first quarter due to high tax collection
The overall fiscal deficit of Pakistan in the first quarter (July-September) of the current fiscal year has dropped to 0.8 percent of Gross Domestic Product (GDP) or...
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652
Germany suffers highest deficit in 30 years due to Covid-19 pandemic
Germany has seen its first deficit in 2020 since 2013 after the public sector deficit reached 189.2 billion euros ($225 billion) due...
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725
IMF projects budget deficit at 7.1pc in FY21
International Monitory Fund (IMF) has suggested that till the time, pandemic is over, the fiscal policies of the countries should remain flexible with special...
